Daily Archives: Feb 25, 2021

Stock Market
News Desk

ENGRO to invest Rs.21.5bn in its subsidiary, Engro Connect (Pvt) Ltd

Engro Corporation Limited announced to to inject a total equity of PKR 21.5 billion in its telecommunications infrastructure vertical. This investment is being made...
News Desk

SPEL to increase its Authorize Share Capital to Rs 1.5Bn

Synthetic Products Enterprises Limited in a latest notification PSX announced that the board has recommended to increase the share capital from Rs. 1Bn to...
News Desk

Pakistan posts Current Accout Deficit of USD200Mn in April 2021: SBP

Pakistan reports Current Account Deficit of $200mn for the month of April 2021 as compared to a deficit of US$510mn in April 2020, 61%...
News Desk

Supernet & Avara Technologies Announce the Award of a Multi-Million Dollar...

Telecard Limited's 100% owned subsidiary, Supernet Limited ("Supernet") has issued a joint press release with Avara Technologies Pty Ltd. ("Avara") announcing the award of...
News Desk

Unity Foods Ltd approved acquisition of 31% shares of Sunridge...

Unity Foods Limited approved in principle acquisition of 16,467,818 (31%) shares of Sunridge Food (Pvt) Ltd at Rs. 28 per share. It may be...
News Desk

HUBC’s subsidiary & Central Power Purchasing Agency signed an agreement in...

In a latest ntoification to the Pakistan Stcok Exchange, the Hub Power Company Limited (HUBC) announced that the Narowal Energy Limited (a wholly-owned subsidiary...